Blog Posts in 2010
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Posted on Dec 31, 2010
The Natomas school district in Sacramento may be headed toward bankruptcy as they have about $8.9 million in debt. The district already asked teachers to take a 7.9 percent pay cut, but they only ...
Posted on Dec 30, 2010
Herbst Gaming in the Las Vegas area is reportedly expected to exit bankruptcy by the end of the year. The new management and owners of the company plan to focus on operating the casino company and ...
Posted on Dec 29, 2010
The Louisville, Kentucky Orchestra may be headed for a bankruptcy filing depending on the situation. As of now, it is unclear whether musicians will be paid in this matter. If the bills cannot be paid ...
Posted on Dec 28, 2010
The California city of Vallejo is reportedly voting on a plan to emerge from bankruptcy that will involve a five-year-plan. The city is reportedly voting on a plan that will cut spending, increase ...
Posted on Dec 27, 2010
A home builder in the Needham, Massachusetts area has filed for Chapter 7 bankruptcy. Hasenfus Builders Inc. has reportedly filed and listed assets at $910,750 and liabilities at $1.12 million. Much ...
Posted on Dec 27, 2010
Oradell couple Bert and Bertina Tallaksen, owners of Tally's Construction Company Incorporated in Tenafly, while being scrutinized for incomplete home renovations, filed for bankruptcy on December 20, ...
Posted on Dec 26, 2010
Celebrate/Legends LLC, which is controlled by Vegas executive John Stuart, has filed for Chapter 7 bankruptcy protection. The company's business Legends Ranch Estates reportedly had plans to be 30 ...
Posted on Dec 25, 2010
A San Diego amusement park operator has reportedly filed for Chapter 11 bankruptcy. According to reports, Wave House was forced to file bankruptcy due to a recent rent escalation. Now, the court will ...
Posted on Dec 24, 2010
A synagogue in Florida may soon be able to resolve its bankruptcy matter. The Chabad-Lubavitch Boynton congregation has reportedly resolved an important loan dispute that will help with its ...
Posted on Dec 23, 2010
The Indian National Finals Rodeo in the Las Vegas area has reportedly filed for Chapter 11 bankruptcy protection. The company reportedly listed debt at less than $500,000, but further details about ...
Posted on Dec 22, 2010
Oregon Coachways has been placed into Chapter 11 bankruptcy. Now, the court-appointed trustee has signed a letter of intent to sell the company to an unnamed national transportation management ...
Posted on Dec 21, 2010
A martial arts organization in the Tarzana, California area has reportedly filed for Chapter 11 bankruptcy. The company has allegedly reported assets of $100,000 to $500,000 while debt is in the range ...
Posted on Dec 20, 2010
Four Vitro creditors have reportedly filed a petition for involuntary bankruptcy against 15 of the company's subsidiaries. The noteholders reportedly own about $75 million of the company's debt. There ...
Posted on Dec 19, 2010
The Greater Salem Church in North Carolina has reportedly field for Chapter 11 bankruptcy protection. According to reports, the filing took place after its properties were auctioned off in a ...
Posted on Dec 18, 2010
A judge has approved the bankruptcy plan of a Las Vegas Strip landowner in order for them to emerge from bankruptcy. According to reports, the bankruptcy reorganization plan will involve more than ...
Posted on Dec 17, 2010
Tronox Inc. is reportedly ready to emerge from bankruptcy after having filed almost two years ago. The company based in Oklahoma City has reportedly reorganized and has finally had their plan ...
Posted on Dec 16, 2010
The owner of the Westin Hilton Head Island Resort in South Carolina has reportedly filed for bankruptcy protection. According to reports, the owner listed assets at $10 million to $50 million and debt ...
Posted on Dec 15, 2010
The directories firm Local Insight Media Holdings Inc. has reportedly filed for bankruptcy. The company reportedly listed both assets and liabilities at somewhere between $500 million and $1 billion. ...
Posted on Dec 15, 2010
The community organizing group, Acorn, has reportedly filed Chapter 7 bankruptcy. The company has had a difficult two years in business as it has faced numerous attacks and made its own mistakes. ...
Posted on Dec 15, 2010
The Columbus Dispatch has reported that an Amish community has asked a U.S. Bankruptcy Court judge to dismiss a case, involving $17 million from the Plain Community, so that they can handle it ...
Posted on Dec 14, 2010
Charlie Brown's Steakhouse has reportedly filed for Chapter 11 bankruptcy as it plans to sell its remaining restaurants. The company cites debt and the slow economy as reasons for the bankruptcy ...
Posted on Dec 14, 2010
Gulfstream International Group and Gulfstream International Airlines have reportedly filed for Chapter 11 bankruptcy protection. At this time, airline service will be uninterrupted and all flights and ...
Posted on Dec 13, 2010
Yellowstone Club's bankruptcy reorganization plan has reportedly been overturned by a judge. According to reports, this has occurred because the ski resort settled a lawsuit without giving creditors a ...
Posted on Dec 13, 2010
Oregon Coachways Inc., OC&W, has reportedly filed for Chapter 11 bankruptcy. According to reports, the company plans to sell to an unnamed national transportation management company. The company ...
Posted on Dec 12, 2010
A federal judge is reportedly considering Sea Island Co.'s bankruptcy plan that includes selling its resorts, golf courses and other assets for about $212.4 million. The judge may approve the resort ...
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